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318 Jennings Street

318 Jennings Street, Shelby, NC 28150
Property in Cleveland
Sold May 29, 2009
$123,500
$98,800 by Hometrust Bank
Mortgage Due Jun 01, 2039
Sold Apr 03, 2007
$119,000
$113,050 by Wells Fargo Bank
Mortgage Due Apr 01, 2037
Local assessors in Shelby, NC have categorized 318 Jennings Street as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 12,327 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 318 Jennings Street has a total of 1,466 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 725 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 318 Jennings Street was last sold in May 29, 2009 for $123,500. According to our calculations, that's $84.24 per sqft. Prior to that sales transaction, the property was sold for $119,000 in Mar 30, 2007. Current property owners are expected to pay $1,767 in taxes per year. The property on 318 Jennings Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $144,548. To break that down further, the land itself was valued at $13,783. While improvements to the property were assessed at a total of $130,765. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 725
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,327
  • Total Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,466
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTER SD PH
  • Land Acres: 0.283
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #1 HUNTER SD PH I

Ownership

  • Current Owner : LEDBETTER ROBERT F
  • Current Owner 2: LEDBETTER KIMBERLY W
  • Previous Owner : MERRITT ROBERT W
  • Previous Owner 2: MERRITT ANN A
  • Owner Before Previous Owner: HEATH MIKE
  • Owner Before Previous Owner 2: HEATH AMELLA LYNN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Cleveland County Schools
  • School Tax School District: CITY OF SHELBY
  • Census Tract: 951000

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: S
  • Account Number: 1257992
  • District: 6
  • Subdivision Phase Number: 1
  • Parcel: 42528
  • Block: 2
  • Lot: 21
  • Municipality: SHELBY
  • Latitude: 35.2876
  • Longitude: -81.5335

    Address

  • Full Address: 318 Jennings St
  • Address - House Number: 318
  • Address - Street Name: Jennings
  • Address - Suffix Type: St
  • State: NC
  • City Name: Shelby
  • Carrier Code: C007
  • 4-Digit Zip Code: 5949
  • Zip Code: 28150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,767
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 188,548
  • High Value: 220,377
  • Low Value: 156,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,800
  • First Open Lien Mortgage Lender: HOMETRUST BANK
  • First Open Lien Mortgage Recording Date: May 29, 2009
  • First Open Lien Mortgage Loan Amount: $98,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2039

    Market Valuation

  • Market Total Value: $144,548
  • Market Land Value: $13,783
  • Market Improvement Value: $130,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,548
  • Assessed Land Value: $13,783
  • Assessed Improvements Value: $130,765

    Sales

  • Current Sale Contract Date: May 29, 2009
  • Current Sale Recording Date: May 29, 2009
  • Current Sale Transaction ID: 1106773124
  • Current Sale Price: $123,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 03, 2007
  • Previous Sale Contract Date: Mar 30, 2007
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST BANK
  • First Mortgage Transaction Date: May 29, 2009
  • First Mortgage Loan Amount: $98,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Apr 03, 2007
  • Previous Mortgage Loan Amount: $113,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About Shelby



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Frequently Asked Questions

What neighborhood is 318 Jennings Street located in?
The 318 Jennings Street is a located in the neighborhood of Cleveland in Shelby, Shelby.
What is the average sales price for listings in 318 Jennings Street?
The average sales price for units in 318 Jennings Street is $0 currently.

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